About Us
Contact Us
Careers
Get Involved
News
Calendar
Translate Page
Google Translate
Translate
Neighborhoods
Zoning
Planning
Urban Design
Development
Housing
3D Data & Maps
Research
Real Estate
Procurement
Home
Neighborhoods
Allston
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Back Bay
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Bay Village
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Beacon Hill
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Brighton
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Charlestown
At a Glance
BPDA Owned Land
Navy Yard Master Plan Implementation
Documents
Events
News
Planning
Projects
Research Publications
Chinatown
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Dorchester
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Downtown
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
East Boston
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Fenway
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Hyde Park
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Jamaica Plain
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Leather District
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Longwood Medical Area
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Mattapan
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Mission Hill
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
North End
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Roslindale
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Roxbury
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
South Boston
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
South Boston Waterfront
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
South End
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
West End
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
West Roxbury
At a Glance
BPDA Owned Land
Documents
Events
News
Planning
Projects
Research Publications
Zoning
What is Zoning?
Zoning Board of Appeal
Zoning Code
Zoning Commission
Zoning Compliance
Zoning Initiatives
Cannabis Establishments
Chinatown Rezoning Process
Citywide ADU Zoning
Citywide Child Care Zoning
Definitions
2024 Net Zero Carbon Zoning Initiative
Open Space Zoning Districts
Sign Code Modernization
Squares + Streets Zoning Districts
Zoning for Parking and Loading
Zoning Maps (PDF)
Zoning Viewer
Planning
What is Planning?
Current Planning Initiatives
Past Waterfront Planning
Comprehensive Planning
Zoning Reform Team
Transportation & Infrastructure Planning
Boston Smart Utilities
Background and History
Urban Renewal
Urban Renewal
Urban Renewal Areas
Urban Renewal Dashboard
Featured Projects
Urban Design
Overview
Design
Downloads and Submissions
FAQs
Boston Design Vision
Boston Civic Design Commission
Commissioner Biographies
BCDC Meetings and Minutes
Storefront & Signage
ZBA-BPDA Design Review
Sustainability and Resilience Review
Article 25A Coastal Flood Resilience Overlay District
Article 37 Green Building
Climate Resilience Building Case Study
E+ Green Building Program
Mass Timber Accelerator
2024 Net Zero Carbon Zoning Initiative
Privately Owned Public Spaces (POPS)
Development
Article 80 Records Library
Development Projects & Plans
Institutional Master Plans
Overview
Higher Education
Hospitals
What is Development Review?
What is Article 80?
Large Projects
Small Projects
Planned Development Areas
Institutional Master Plans
Mitigation & Impact Advisory Groups
Development Standards
Accessibility Guidelines and Checklist
Affirmatively Furthering Fair Housing Article 80
Article 25A Coastal Flood Resilience Overlay District
Article 37 Green Building and Climate Resiliency Guidelines
Article 80 Design Review Broadband Ready Buildings Questionnaire
Building Wraps
Day Care Facility Requirement
DEI in Development Policy
Inclusionary Development Policy
Language Access Plan for Article 80
Life Sciences Action Agenda
Life Science Building Design Guidelines
Linkage
Smart Utilities Checklist
Improving Our Development Review Process
Office to Residential Conversion Program
Compliance
Compliance Overview
Construction Activity and Reports
Developer Portal
Housing
January 29, 2024 Updated Rental IDP Policies and Procedures
Inclusionary Development Policy: Annual Reports
Inclusionary Development Policy Update
Affirmatively Furthering Fair Housing Article 80
Frequently Asked Questions
Income, Asset, and Price Limits
Finding Housing
Overview
Income, Asset, and Price Limits
Lottery Preferences
Artist Live/Work Housing
More Housing Resources
Key Documents
Existing Tenants & Owners
Overview
Key Documents
Frequently Asked Questions
Developers
Overview
Key Documents
Frequently Asked Questions
Property Managers
Overview
Key Documents
Frequently Asked Questions
Artist Live/Work Program
Artist Live/Work Housing Overview
Artist Housing Certification
Frequently Asked Questions
3D Data & Maps
3D Smart Model
About 3D
Citywide 3D Model
3D Data Download
Map Library
Citywide Maps
Electoral Maps
Map Atlases
Atlascope Boston
Mapjunction
Neighborhood Maps
Urban Renewal
Zoning Maps
GIS Data & Mapping Resources
Research
Division Overview
Frequently Requested Information
Research Publications
2020 Census
MyCensus Viewer
Boston Stories and Numbers
Domestic Migration Map
Economic Indicators Dashboard
Employment Map
Exploring Neighborhood Change
Exploring Land Use and Value
Mapping Diversity in Boston
Research Inquiries
Data Sets
Real Estate
Overview
BPDA Owned Land
BPDA Real Estate Decarbonization Strategy
Diversity, Equity, and Inclusion Requirements for Public Land Dispositions
Disposition Projects
Commercial Spaces for Lease
Coastal Resilience Delivery Team
Raymond L. Flynn Marine Park
Procurement
Equitable Procurement
Buying Plan
Procurement Portal
Vendor Resources
About Us
Who We Are
Mayor Wu’s Vision for the BPDA
Goals
Implementing Changes
Timeline
Stay Up To Date & Learn More
Frequently Asked Questions
Resources
Leadership
BPDA Board
Board Meetings
Meet the Board
Planning Advisory Council
Departments
Communications
Community Engagement Managers
Compliance
Development Review
Director's Office
Executive Director/Secretary's Office
Finance
General Counsel
Human Resources
Information Technology
Office of Diversity, Equity, and Inclusion
Language Access
Planning
Real Estate
Research
Urban Design
Careers at the BPDA
Career Opportunities
Internship and Contractor Opportunities
BRA History
BPDA Achievements
Raymond L. Flynn Marine Park
Glossary
Get Involved
Model Room
Contact Us
Archives
Public Records Request
Press Kit
Credits
Copyright and Disclaimer
Web Page Disclaimer
Privacy Policy
Terms of Use and Copyright
Google Translate Disclaimer
News & Calendar
News & Updates
Calendar
BPDA Board
Contact Us
Get Involved
Glossary
Search BostonPlans.org
Facebook
Twitter
Instagram
LinkedIn
YouTube
News & Calendar
News & Updates
Calendar
News & Updates
Life Science Real Estate Leaders, BRA Director, and LifeTech Boston Meet to Discuss Industry Real Estate Trends
Nov 22, 2013
On November 20, 2013 the
BRA's LifeTech Boston Initiative
hosted a discussion with members of the life sciences real estate community, BRA Director Peter Meade, and BRA Director of Business Development Randi Lathrop. Boston is already a well-established leader in life science research and innovation, and the event was intended to generate ideas for how the BRA and the City of Boston might better support life science tenant needs as the industry grows. Approximately 40 representatives of the life sciences real estate community were in attendence.
The event opened with an overview of Boston's current life science real estate trends. Some highlights of the presentation included:
55% of Boston's life sciences community is made up of small companies and start-ups, though Boston also hosts industry giants such as Merck, Pfizer Genzyme and Vertex.
LifeTech
, a BRA Business Development Initiative, has been very active in attracting life science businesses to the City.
Boston has
more than doubled
the number of life sciences companies since 2004, which accounted for more than 4,000 jobs.
In the past year alone, Boston has
added
over 15 life science companies
to the City, creating
over 100 jobs
.
LifeTech has also promoted Boston’s
Innovation District
by attracting more than
25 life science-related companies
to the area in three years (since 2010). This represents a more than
120% increase
from prior life science representation (not counting high-tech).
Boston is seeing a growing demand for lab space, but has limited supply. The City hosts 3.6 million square feet of lab space compared to 8.6 million square feet in Cambridge and 6.3 million square feet in nearby suburbs.
LifeTech identified these lab real estate supply gaps and worked with the building manager at
27 Drydock Ave
. in the Boston Marine Industrial Park to create 39,000 SF of shared laboratory space in Boston for early stage life sciences companies. Within one year the lab space was filled with 15 new tenants.
Following the presentation, event attendees engaged in an active discussion regarding how Boston might help meet the space demands for the growing life science sector of the economy.
Businesses, brokers, and others who are interested in continuing this discussion should contact Martina Toponarski, Life Sciences and High Tech Sector Manager, by
email
or by telephone at (617) 918-4457.
Share This Article:
Previous
Next
Subscribe to our News & Updates
*
indicates required
First Name :
Last Name :
Zip Code :
*
Email: